Smartpen maker Livescribe raises $10M

Smartpen maker Livescribe raises $10M

Livescribe, which makes a smartpen that includes its own display, microprocessor, and audio recorder, has raised another $10.175 million in funding.
The Pulse pen’s recording feature means users have an audio recording to supplement and correct their hand-written notes. That’s something I would have loved… Continue Reading

Cobalt Biofuels gets $25M for biobutanol

Usually when a startup classifies itself as a biofuel company, it makes one of two fuels: biodiesel or ethanol. However, there’s a range of alternatives that could be commercialized, one of which Cobalt Biofuels is after: biobutanol, a liquid fuel that is more similar to… Continue Reading

Big companies line up to invest in cellulosic — Mascoma is latest beneficiary, gets $81M

Big companies line up to invest in cellulosic — Mascoma is latest beneficiary, gets $81M

With oil past $120 a barrel and possibly headed to $200, cellulosic ethanol companies are looking like a smarter investment choice every day. Following the increase of Range Fuels’ second funding to $166 million, its competitor Mascoma has pulled the wraps off an $81 million… Continue Reading

California environmental advisor Terry Tamminen on trains, energy efficiency, Al Gore and more

California environmental advisor Terry Tamminen on trains, energy efficiency, Al Gore and more

Terry Tamminen is the former top environmental advisor of California governor Arnold Schwarzenegger, and is also former secretary of the California Environmental Protection Agency (EPA). He has a reputation for having “turned Arnie green”.
Tamminen left his post as permanent advisor in 2006 but says… Continue Reading

UPDATE: Vantage Point closes Israel office, lets some staff go

Silicon Valley venture capital firm Vantage Point Venture Partners has closed its office has curtailed its investment effort in Israel, after making two investments over the two years it has been there.
It has let some staff members go, however we don’t know how many…. Continue Reading

Mascoma gets $30M for cellulosic ethanol — in bid to replace gasoline

Mascoma gets $30M for cellulosic ethanol — in bid to replace gasoline

Mascoma, a start-up that is trying to become the first commercial developer of cellulosic ethanol — something some environmentalists see as the Shangri La of alternative fuel — will announce tomorrow it has raised $30 million more in venture funding.
Funding for the Cambridge, Mass…. Continue Reading